The Recovery Fund of EUwhich was set up to help the bloc countries rebuild after the coronavirus pandemic, could be used differently given the of war in Ukrainesaid today the German Minister of Finance.
“Given the change in the situation, I am open to prioritizing available resources,” said the German finance minister and leader of the pro-business FDP party. Christian Lindnerin the newspaper Frankfurter Allgemeine Sonntagszeitung.
THE Lindner he added that what is needed is “investment in infrastructure, energy and competitiveness, but not other government spending and deferred reforms”.
In an unprecedented move to avoided The economic fragmentation because of her pandemic EU countries agreed in 2020 to jointly borrow 800 billion euros to rebuild their economies to be greener and more digital.
In a few weeks the EU will discuss if there is need for greater common borrowing so that the bloc can meet the challenges created by Russian invasion in Ukraineas the European Commissioner for Economic Affairs said on Tuesday, Paolo Gentiloni.
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